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BookMyShow posts Rs 192 crore profit on robust live events businessBig Tree Entertainment, operating BookMyShow, saw its net profit surge to '192 crore in FY25. This growth stems from a robust performance i...- CFM ARC wins bid for defunct Carnival CinemasThis follows CFM offering ₹78 crore to take over Carnival's ₹1,290 crore debt from rival JC Flowers ARC, which did not get any challenging ...
- India Inc.’s spending splurge may not trickle downIndian conglomerates plan to invest $800 billion in the next decade. Most funding will go to existing businesses, but 40% will target new s...
- Carnival Cinemas now an NPA, YES Bank to recast Rs 800 crore loan"YES Bank is the sole lender to Carnival Cinemas, they have not been able to service the debt and the bank has now decided to take the matt...
- NeoGrowth gears up for festive season, launches loan carnival for SMEsTo help businesses become future ready, NeoGrowth also offers diGibizz, which enables small businesses to evaluate their digital readiness ...
- Wall St closes lower as virus spike hits travel stocksShares of airline operators and cruiseliners including JetBlue Airways, American Airlines, Norwegian Cruise Line and Carnival Corp, which w...
- Can IT be the next FMCG for the market? Ashwini Agarwal explainsWithin the IT space, discretionary projects might be put on hold but providing mobility, work from home, additional layers of security, key...
- Dow Jones drops more than 900 points, ending worst week since 2008The Dow fell 913.21 points, or 4.5%, to 19,173.98. The S&P 500, the benchmark for many index funds held in retirement accounts and the meas...
- Corporate chatter: Relatives left once rich but now bankrupt biz family high and dry; H1N1, not coronavirus, got Bengaluru techies worriedA former boss who hung up his CFO boots for personal well-being is now on a deal-making spree for his old firm.
- NCLT slaps Rs 1 lakh fine on Carnival Films Entertainment for giving loan to directorsRoC had reported that Carnival Films had granted loans to its directors without passing any special resolution during FY2015.
- The coming SME squeeze: As funds run dry, the IL&FS contagion threatens the livelihood of millionsFunds are drying up. What was once a routine exercise — the rollover of loans — is now rare.
- Magicbricks teams up with State Bank of India to launch Big Bang Home CarnivalThe housing festival will showcase nearly 16,000 units, across 22 Indian cities and will culminate on March 9.
- J&K Tourism plans special Xmas, New Year eventsApart from metros where tourism fares are organized on regular basis, cities like Indore, Nagpur, Raipur, Jaipur and Hyderabad will be a ma...
- Carnival Cinemas acquires 4 screens in Singapore, eyes expansion in other international marketsRex Cinemas Mackenzie is near Little India, which is considered a hub of Indian community in Singapore, while Rex Golden Mile is in an upma...
- After Jharkhand, Carnival Cinemas joins hands with Odisha government for expansion"We will keep ticket prices low so that more people can come. Our estimate is that these zones will get over 2,000 footfalls daily," said B...
- Self-drive car rental MyChoize plans to invest $25-30 million in next 2 years21 years back Japan-based Orix had forayed into India’s B2B segment with chauffeur-driven car rentals for corporate and since then the comp...
- Sensex cracks below 27,000, rupee breaches 63 versus dollar; top 10 stocks in focusIt took cues from Asian markets, which were trading lower as sliding oil prices and a downbeat China factory survey weighed on sentiment.
- Sensex in red; top 10 stocks in focus in today's trade"We reiterate our advice to uphold buy on dips approach in banking, auto and FMCG space but avoid metal, energy and realty counters," says ...
- Leela Group sells Kochi IT Park to Carnival Group for Rs 280 croreEarlier this month, a consortium of its 14 lenders, sold loans worth around Rs 3,880 crore to JM Financial Asset Reconstruction Company.
- Revival of the equities market, asset sales by companies leads to a plunge in loan restructuringAsset sales by companies, transfer of bad loans to ARCs and fund-raising amid market revival help cut debt load
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